Barry Plant Mount Waverley internet price guidance triggers CAV court action
Barry Plant Mount Waverley has been accused of misleading consumers in the way it categorised properties for sale on realestate.com.au.
The properties were allegedly placed in price search parameters lower than the appraisal price misrepresenting prices on 25 properties.
The allegations relate to 2014 and 2015 in Burwood, Chadstone and Ashwood, but mostly Mount Waverley.
It was alleged an appraisal figure on a three bedroom home in Mount Waverley of $1.4 million to $1.6 million came up in internet searches listed at $850,000.
The property sold at $1.5 million.
Another house on the website at $650,000+, had been appraised at $800,000 and sold for $860,000.
Documents show Barry Plant Mount Waverley agents accurately envisaged selling prices, however CAV claims they made internet price misrepresentations.
The case will go to mediation in July, with a ten day trial set down for June 4 next year.
Barry Plant is due to respond to the allegations to the court by mid-next month.
The internet search engine brings up a list of advertised properties which corresponded to the price range entered by the consumer.
Consumer Affairs Victoria accuses the agent of representing to potential purchasers that the vendors would sell at the “blind” price, when in fact the agreed estimated selling price was more.
Melbourne South Eastern Real Estate Pty Ltd (ACN: 128 550 541) – trading as Barry Plant (Mount Waverley), Barry Plant (Oakleigh) and Barry Plant (Wheelers Hill) will front the Federal Court of Australia, for alleged contraventions of the Australian Consumer Law and the Australian Consumer Law (Victoria).
